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Japan jumps more than 2% as Asia stocks rise ahead of US jobs report

The U.S. employment report for April is expected to be out at 8:30 a.m. ET Friday. Economists expect that more than 20 million jobs were lost last month, according to Dow Jones.




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This single mother makes six figures driving a truck during the coronavirus

April Coolidge became a truck driver in her mid 40s after a long career in real estate. Eight years later as the coronavirus shuts down the economy, she is making more money than she ever did selling houses. Watch this video to learn more about why Coolidge decided to become a trucker and how the coronavirus has changed her time behind the wheel.




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Mark Cuban pitched Michael Jordan on joining the Mavericks in 2001 by promising he'd 'do whatever it takes to win'

In 2001, with the greatest-ever basketball player returning to the NBA, billionaire Mark Cuban tried to convince Michael Jordan to join his Dallas Mavericks instead of the Washington Wizards. It didn't work.




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Shut out of PPP loans, struggling with no child care: How Covid-19 is impacting women-owned small businesses

CNBC Make It spoke to female entrepreneurs about the impact today's pandemic is having on their companies as they fight for federal funding, pivot business operations and manage child-care.




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These 3 Etsy shop owners have each sold hundreds of cloth face masks since the pandemic started

These three Etsy shop owners share what it's been like to sell protective face masks during the coronavirus pandemic.




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This luxury resort is open for swanky social distancing retreats—take a look inside

Nemacolin Woodlands Resort in the Allegheny Mountains of Pennsylvania reopens Friday with stays and activities designed to keep guests away from each other. Social distancing retreats are "the new luxury," according to travel expert John DiScala.




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Fashion designer Rebecca Minkoff has advice for small businesses struggling through the pandemic

As co-founder and creative director of her own fashion line, Rebecca Minkoff understands the current struggles small-business owners are now facing — especially women. Here's her advice on how to survive.




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Melinda Gates on US response to pandemic caregiving crisis: 'I'm disappointed in what I've been seeing'

Billionaire philanthropist Melinda Gates shares her thoughts about the U.S. response to coronavirus and why solving the current caregiving crisis is crucial.




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Elon Musk: 'I wouldn't exercise at all if I could' — inside his personal wellness routine

The Tesla CEO and co-founder admitted that he's not into running, and wouldn't care to exercise if he had the choice. From lifting weights to fasting before bed, here are the habits that he uses to stay lean and healthy.




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Walt Disney's former Palm Springs 'technicolor dream house' on sale for $1 million – take a look inside

Located in Palm Springs, California, the "technicolor" property was built for Walt Disney and his wife, Lillian, in 1962, according to the listing.




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Zoom strikes a deal with NY AG office, closing the inquiry into its security problems

The agreement comes one day after the NYC Department of Education lifted its ban on Zoom after approving new safety features.




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Roku reports strong user growth, but sour ad business outlook

Streaming services have reported huge spikes in subscribers during the crisis as stay-at-home orders have forced more people to stay inside.




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When will hospitals and doctors' offices be open for normal business again? Here's what health experts think

Hospitals are looking for ways to re-open their doors to patients in a way that limits their risk of exposure.




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Uber shares shoot up after CEO says ride volume is increasing again after April bottom

Uber reported first-quarter earnings on Thursday, and while the company lost $2.9 billion during the quarter, the stock rose after hours on optimistic comments from CEO Dara Khosrowshahi.




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ConocoPhillips CEO says 'we're on the lookout' for acquisitions as oil prices stay under $20

ConocoPhillip's Ryan Lance said on "Power Lunch" that his company is looking at potential acquisitions as the energy sector struggles with low oil prices.




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Oil jumps 5%, snaps 3-week losing streak

Oil prices jumped on Friday, extending the previous session's gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid to offset a slump in fuel demand triggered by the coronavirus pandemic.




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A massive renewable energy scheme in Australia has been recommended for environmental approval

Several big firms, including Danish wind turbine manufacturer Vestas, are involved in the project.




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Bioplastics developer raises $133 million in new funding in quest to replace single-use plastics

RWDC Industries, which makes a sustainable material solution that can be used as a substitute for plastic, raised $133 million in Series B funding.




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Oil surges 20%, posts fifth straight day of gains for first time since July

Oil prices jumped on Tuesday in their fifth straight day of gains as traders eyed demand recovery as economies reopen.




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Oil drops 2%, snapping five-day winning streak in volatile trading session

Oil prices moved lower on Wednesday, snapping the longest daily winning streak since July.




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Social-distancing measures look set to transform London's roads and sidewalks

More specific measures relating to the program will be published in next few weeks.




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Oil drops nearly 2%, erasing earlier gain of more than 11%

Oil prices reversed gains to settle lower on Thursday, despite optimism surrounding producers scaling back production as well as demand improving.




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NHL Commissioner Gary Bettman: No COVID-19 in NHL reported yet

The commissioner says he would like to call this time a "pause" for the league instead of a suspension.




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Pressure is rising to postpone the Olympics

Billions of dollars are at stake. Japan has pumped at least $12 billion of investment into the 2020 Tokyo Olympic games, not to mention the losses that would be incurred by sponsors, broadcasters and others.




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AT&T president says consumer behavior will be fundamentally changed from coronavirus

"We're going to return to a different economic environment. We're going to return to different business models," AT&T President and COO John Stankey told CNBC.




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LinkedIn offers to connect job-seekers with essential businesses for free

In the wake of COVID-19 shutting down broad swaths of the economy, LinkedIn is ditching the core engine of its business model to help people connect with jobs at no cost.




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UK TV watchdog 'assessing' popular daytime show over comments on 5G-coronavirus conspiracy theories

Ofcom is looking into a popular morning show after its presenter made comments about baseless conspiracy theories linking Covid-19 to 5G.




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Instagram announces new features for small businesses including gift cards, food orders and fundraisers

Starting Wednesday in the U.S. and Canada, Instagram users can tap on a gift card or food order to make a purchase through a company's site. Fundraisers created by a business or its supporter open on Facebook.




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NBCUniversal's Peacock has a buffer against ad slowdown with launch partners — here's why they signed up

Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend.




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Hollywood's small businesses in crisis as coronavirus shuts everything down

Of the 5,900 businesses in Hollywood, 99.5% have less than 500 employees, and over 90% have fewer than 10 employees. Many are being forced to layoff or furlough employees as the coronavirus pandemic drags on.




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Designers are now making fashion face masks and people can even buy a Billie Eilish one

A raft of fashion labels are now making non-medical masks to sell to consumers, including band t-shirt maker Bravado, which has made Rolling Stones, Queen and Ariana Grande versions.




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Trade groups representing PepsiCo, Procter & Gamble and others want guidance on factories from Pence

Trade groups representing the country's biggest consumer companies, including PepsiCo, Procter & Gamble and Clorox, wrote a letter to Vice President Mike Pence on Thursday urging federal guidance on how to safely manage their factory workers as states begin to reopen for business.




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This chart shows how coronavirus jobs losses dwarf those in prior recessions

Jobs losses related to the coronavirus dwarf employment declines seen during prior U.S. recessions.




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Landlords are worried increasingly fewer tenants will pay rent as coronavirus job losses mount

Rent is traditionally due on the first of the month, and with each passing month more tenants are becoming late on their payments.




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Consumer confidence in housing falls to lowest level since the subprime crash

The economic free fall from Covid-19 is taking its toll on what had been strong housing demand just a few months ago.




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Hilton is in a good position to withstand the coronavirus: Macquarie

As the travel and tourism industry struggles with the fallout from the coronavirus, Chad Beynon of Macquarie explains why Hilton's franchise business model makes it resilient in this challenging environment.




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Shanghai Disneyland tickets sellout for opening day, signaling pent up demand for theme parks

It seems Chinese consumers aren't afraid to return to theme parks. Tickets for Monday's reopening of Shanghai Disney sold out within minutes.




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Outback parent company Bloomin' Brands doubles down on takeout business after sales triple

Investing in delivery in recent years, including a rewards program and digital ordering, has paid off for Bloomin' in the long run and will continue to pay off going forward, Deno said.




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Top ad firm outlines business sectors hit the most by the pandemic, and the ones that are faring better... for now

Sectors like health care or financial services have been less impacted by the pandemic so far, but Omnicom foresees demand for marketing services to decline as advertisers cut costs in the short term.




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US GDP shrank 4.8% in the first quarter amid biggest contraction since the financial crisis

This marked the first negative GDP reading since the 1.1% decline in the first quarter of 2014 and the worst level since the 8.4% plunge in Q4 of 2008 during the worst of the financial crisis




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US services sector posts biggest contraction since 2009 as coronavirus halts economic activity

The U.S. services sector contracted for the first time in about a decade last month as the coronavirus pandemic brought economic activity in the country to a near-screeching halt.




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Sorrento Therapeutics and Mount Sinai join forces to develop Covid-19 antibody shield

Sorrento Therapeutics and Mount Sinai Health System in New York City have joined forces to develop an antibody cocktail they hope will shield against Covid-19 infection for up to two months.




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Vice President Mike Pence torched after jokingly asking to carry empty boxes at nursing home 'just for the camera'

Vice President Mike Pence got roasted after being caught by a live microphone jokingly offering to carry empty boxes "just for the camera" into a health-care facility treating coronavirus cases.




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San Diego mayor: Compliance with new beach rules bodes well for state business reopening

"San Diegans, just like others in California, do not want to give back the tremendous gains that we've made, the sacrifices that we've made over these last six weeks," Mayor Kevin Faulconer said.




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Russia's Victory Day celebrations pared back; Spain's daily coronavirus death tolls falls

Russia marks the 75th anniversary of Soviet victory over Nazi Germany in World War Two on Saturday, but the coronavirus outbreak means that celebrations have been pared back massively.




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Could US LNG exports actually scare Russia?

Myron Brilliant, Executive VP & Head of International Affairs at the U.S. Chamber of Commerce, explains how increased U.S. LNG exports could impact Russia's standoff with Ukraine.




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Sanctions send soft signals to Russia: Pro

Stephen Yates, CEO at DC International Advisory, says the sanctions that have slapped on Russia have not been hard-hitting at all.




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Evaluating Obama's Asia pivot strategy

Alexander Feldman, President at US-ASEAN Business Council, says U.S. President Barack Obama has been successful in trying to forge closer ties with the Asian region.




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Major sanctions on Russia are 'unlikely': INSEAD

Antonio Fatas, Professor of Economics at INSEAD, says it is unlikely that the West will impose hard-hitting economic sanctions upon Russia.




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Asian shares up on China's NPC but China stocks fall

Asian stocks were mostly higher Wednesday, boosted by overnight gains on Wall Street and unveiling of China's official 2014 GDP growth target.